Passbook savings accounts
Passbook Article In Newspaper

Can you still get a passbook savings account?

Absolutely – why don’t you see our branch-based savings product range to see what passbook savings accounts are available to suit your needs.

What is a passbook?

A passbook is a small, physical booklet where all transactions for a savings account are recorded. Each time you visit a branch; you can update it with a printed record of your deposits and withdrawals. Unlike online banking, there’s no need to log in, remember passwords, or scroll through statements - you have a real-time, tangible record of your savings right there in your hands.

Why passbooks still matter – and why we’re keeping them

In a world where more and more banking is done online, some building societies have started to phase out passbooks. But at Nottingham Building Society, we know they still matter. That’s why, unlike others, we’re keeping ours.

A building society without a passbook? It’s like a roast dinner without the gravy. Sure, you could have it, but it wouldn’t feel quite right.

For some, a passbook savings account is more than just a way to keep track of money - it’s a habit, a piece of reassurance, a simple way to see savings grow. Others prefer the flexibility of managing everything digitally, opening a savings account online and accessing it anytime, anywhere. The important thing is choice - because saving should be on your terms, not dictated by what’s most convenient for a bank.

The timeless value of passbooks

Nottingham Building Society has been around for over 175 years, and while banking has evolved, our belief in giving people options hasn’t changed. We continue to offer passbooks because they give many of our members exactly what they want - a simple, secure, and reassuring way to save.

That doesn’t mean we’re standing still. We know that for some people, digital banking is the way forward. That’s why we also offer the ability to open a savings account online and manage money digitally. Whether it’s face-to-face banking services in a branch or at your fingertips on a screen, we’re here to help you save the way that works for you.

Pros of using a passbook

  • A clear and simple way to save - With a passbook savings account, every transaction is printed right in front of you. There’s no searching through emails or navigating online banking menus - just a clear, straightforward record of where your money is.
  • Peace of mind - In an age where digital fraud and cyber risks are growing, a passbook offers a secure, offline way to track savings. There are no passwords to forget, no risk of phishing scams - just a simple record that you control.
  • 3. A personal connection - Banking doesn’t have to be impersonal. When you update a passbook, you’re not just checking your balance - you’re connecting with real people in a branch, getting face-to-face banking services from someone who knows you, not just your account number.

At Nottingham Building Society, we offer a range of ways to save, whether you prefer a passbook savings account, an easy access savings account, or a fixed rate savings account. For those looking for tax-free options, we also offer cash ISAs and Lifetime ISA to help you make the most of your money.

Looking for higher returns? We’ve got competitive building society savings rates, including fixed rate bonds for those who want to lock in their savings with a guaranteed return. If you prefer flexible savings, our instant access savings accounts allow withdrawals when you need them.

We also know that saving looks different at every stage of life. That’s why we offer children’s savings accounts, savings accounts for over 50s, and savings options for retirees, helping everyone build a financial future in a way that suits them.

Saving should be on your terms

We’re keeping passbooks because they matter to you. But we also know that some members might prefer to open a savings account online and manage their money digitally. That’s why we offer both—so you can save the way that suits you.

Passbook in hand or digital at your fingertips? The choice is yours.

Can I withdraw money from my Nottingham Building Society passbook savings account?

Yes! Simply bring your passbook to your local branch, and our amazing team will help you with your withdrawal. Your passbook will be updated to reflect your transaction, keeping records up to date.

What should I do if I lose my passbook?

If you lose your passbook, visit your nearest Nottingham Building Society branch as soon as you can. Our team will help you secure a replacement and protect your account.

Is a passbook savings account secure?

Absolutely! With no online access, there’s zero risk of any potential cyber fraud. Plus, your funds are protected by Nottingham Building Society’s security measures, ensuring peace of mind for our members.

Savings FAQs

If you have any questions about savings products and account you should visit our savings FAQs page.

Personal savings allowance

Your personal saving allowance is the amount of interest you can earn before paying tax. Find out more and see how you can save more with Nottingham Building Society.

ISA guide

Our cash ISA guide will explain what a cash ISA is, how much can I put away is each year and which type of ISA should you pick.

Free, impartial financial support

We believe that access to impartial guidance is important for your financial well-being. That's why we're thrilled to highlight the invaluable resource of free independent guidance available through MoneyHelper, who serves as a beacon of support for individuals seeking clarity and direction in their financial journey. Their wealth of resources and expertise aim to empower you as well as support you during difficult times.